India elected as Vice-Chair of the Supply Chain Council
NEW DELHI : In a significant milestone, India and 13 other Indo-Pacific Economic Framework (IPEF) partners have established three supply chain bodies under the landmark Indo-Pacific Economic Framework for Prosperity (IPEF) Agreement relating to
Hapag-Lloyd welcomes 66 new apprentices
HAMBURG : On Thursday, August 1 2024, 66 young men and women are starting their training at Hapag-Lloyd in Hamburg. Some of the apprentices will learn traditional maritime professions, including 14 ship mechanics and
Kuehne+Nagel appoints Yutaka Matsuyoshi as MD for Japan
TOKYO : Kuehne+Nagel, a leading global logistics company, has appointed Yutaka Matsuyoshi as Managing Director for Japan as of August 1, 2024. His predecessor Cedric Dulong now focuses on the company´s Japan Development Program
Piyush Goyal announces 12 new industrial parks and Mega Textile Parks in India
NEW DELHI : The Indian government is setting up 12 new industrial parks across the country and has plans for 5-6 mega textile parks, according to Minister of Commerce and Industry Shri Piyush Goyal.
Bharatmala Pariyojana to improve connectivity and reduce logistics cost
NEW DELHI : Union Minister for Road Transport and Highways, Shri Nitin Gadkari informed in a written reply in the Rajya Sabha that, under Bharatmala Pariyojana, projects are executed under Economic Corridor, Inter-corridor, Feeder Routes,
Uttar Pradesh government to set up 33 logistics clusters across 30 dists
LUCKNOW : The Uttar Pradesh government, with the aim of accelerating industrial development, has initiated the process to establish 33 Integrated Manufacturing and Logistics Clusters (IMLCs) along expressways across 30 districts of the state.
Container rates out of India on major trades see sharp gains amid capacity woes
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity disruptions, according to a market analysis.
Unifeeder overtakes CMA CGM as second largest intra-Europe operator
AARHUS : Unifeeder is now the second-largest intra-Europe player, surpassing French ocean carrier CMA CGM through capacity additions, according to Alphaliner’s Report. The DP World subsidiary now operates 38,000 TEUs of ships within Europe,